$ 1,200,000
-
$1,200,000
Price -
6
Bed -
4
Bath -
3,726
SqFt
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About the Listing 30852 - AR42066
Fully renovated 4-unit income property with approved ADU plans near USC and Exposition Park! Rare corner location adjacent to freeway access. All four units have been recently renovated and are occupied with new tenants, making this a turnkey investment opportunity. Zoned LAC2, the property includes approved plans for two additional 3-bedroom, 2-bath ADUs—offering significant upside potential through expansion. There is also an opportunity with the C2 zoning to explore redevelopment. Whether you're a hands-off investor seeking steady income or an active investor looking to add value, this asset checks all the boxes. Located on a high-visibility corner at Vernon and Figueroa with strong foot traffic, immediate freeway access, and excellent transit options. Just steps from USC, BMO Stadium, the LA Memorial Coliseum, and Downtown LA, this property sits in one of the city's fastest-growing neighborhoods. Don’t miss this rare opportunity to invest in both current cash flow and future growth.
Listing Highlights for 458 W Vernon Ave
Status
Active
Days on Site
74
Property Type
Multi-Family
MLS ®
AR25141126
Year Built
1911
Total Square Footage
3,726
Lot/Acreage
0.11
County
Los Angeles
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances: Water Heater
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Balcony
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAC2
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5018034002
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
458 W Vernon Ave Los Angeles, CA 90037
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